IPMAN, Dangote Reach Agreement On Direct Lifting Of Petroleum Product
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Refinery to lift products directly.
IPMAN National President Abubakar Garima announced this in Abuja on Monday after a meeting of the National Working Committee of the Association.
He said the partnership will ensure steady, affordable supply of PMS products nationwide.
“After meeting with Alh. Aliko Dangote and his management team in Lagos, we’re pleased to announce that Dangote Refinery has agreed to supply IPMAN with PMS, AGO, and DPK directly for distribution to our depots and retail outlets.”
Garima urged IPMAN members to support Dangote Refinery, citing backward integration benefits and positive impacts on Nigeria’s Foreign Exchange market.
“IPMAN members should rely on Dangote Refinery and Nigerian Refineries for white products, creating more job opportunities and supporting President Bola Tinubu’s renewed hope agenda.” Regarding pricing, Garima expressed confidence that negotiations with Dangote would yield lower rates.